US will investigate Paice's lawsuit against VW's hybrids
The US International Trade Commission will investigate Paice's claims that VW is using its patented hybrid technology without permission.
The US International Trade Commission will investigate Paice's claims that VW is using its patented hybrid technology without permission.
Hyundai and Kia will license hybrid technology from Paice to end a patent dispute that could have cost the automakers $29 million or more.
Hyundai and Kia could be on the hook to pay at least $28.9 million to Paice LLC for patent infringement, but they are appealing.
The name Paice will be familiar to anyone who's been deep in the weeds of hybrid history, but it will probably be new to anyone who simply drives one. The key part of the story is something called "HyperDrive," which is the name given to a gas-electric powertrain technology developed by Alex Severinsky and patented in 1994. HyperDrive is a way to get the energy from both the electric battery and the engine into the wheels, seamlessly. The patent
With all the news coming out recently about the small claims lawsuit over the Honda Civic Hybrid, readers may have forgotten the name behind a long-running legal issue over Toyota's hybrid system: Paice. The latest development is that Paice and the Abell Foundation (an investor in Paice) have sued Hyundai
Alex Severinsky is a Russian man who came to the United States in 1978. He graduated from Ukraine's Kharkiv University of Radioelectronics in 1967 before moving on to an Electrical Engineering Ph.D. from Moscow's Institute for Precision Measurements in Radioelectronics and Physics in 1975. That's the background. Here's the important bit.
2010 Toyota Prius – Click above for high-res image gallery
2010 Toyota Prius – Click above for high-res image gallery
2010 Toyota Prius – Click above for high-res image gallery
Toyota has, once again, failed to shake the long-looming hybrid patent infringement case brought forth by Paice LLC<
2010 Toyota Prius – Click above for high-res image gallery
2010 Toyota Prius – Click above for high-res image gallery
2010 Toyota Prius – Click above for high-res image gallery
Toyota finally seems to be out of options now that the U.S. Supreme Court has allowed a lower court's ruling to stand which will award Paice LLC roughly $4.3 million in an hybrid technology lawsuit. That amount works out to $25 for every vehicle that Toyota has sold which uses the Hybrid Synergy